Business Development Manager - Retail Products

National Bank Bancassurance Intermediary Ltd Position Title: Business Development Manager, Retail Job Ref No.

NBIL/04/2026 Available Position: 1 Division: NBK Bancassurance Intermediary Ltd Location: Head Office Reporting to: Head Bancassurance & Principal Officer Direct Reports: Regional Sales Managers Grade: MG7 Position Summary: To drive bank wide growth and uptake of Bancassurance Retail products in order to deliver sustainable revenue growth, increased insurance penetration, and market leadership.

Key Responsibilities: Leadership & Performance Management To build and sustain a high performance culture Bancassurance Retail Sales team by driving productivity, ensuring disciplined execution of sales plans, and strengthening performance management, staff development, and recognition initiatives.

Strategy Development & Execution To develop and ensure implementation Bancassurance sales strategy aligned to business objectives, driving target achievement across all products, regions, branches, and channels.

Business Growth & Revenue Optimization To drive sustainable and profitable growth of the Bancassurance portfolio by expanding market share, increasing insurance penetration, developing new revenue streams, and leveraging the NBK and Group branch network to deliver strong customer value and financial results.

Sales Performance Monitoring & Analytics Monitor sales performance and operations by tracking key performance indicators (KPIs) such as premiums, policy counts, persistency ratios, cross-sell rates, and cost efficiency.

Partnerships & Distribution Management To strengthen product competitiveness and expand distribution by driving strategic collaborations and business development initiatives, resulting in broader market reach, effective partnerships, and accelerated bancassurance growth.

Governance, Compliance & Risk Management Ensure compliance with CBK, IRA, and internal governance standards by promoting ethical selling practices, minimizing mis-selling risks, and adhering to audit and operational controls.

Customer Engagement & Brand Visibility Drive customer engagement and enhance brand visibility through co-branded marketing campaigns, financial literacy initiatives, and community outreach programs.

Qualification, Skills & Experience Required: Bachelor’s degree in business, Finance, Insurance, or related field from a recognized institution.

Insurance qualifications (COP mandatory; ACII, AIIK, LOMA or equivalent Minimum of 8 years’ experience in sales leadership, including at least 5 years in Bancassurance or Insurance sales management, with a proven sales track record.

Experience within Banking or related financial Institutions will be an added advantage.

Experience working with cross functional teams.

How to Apply: Send your CV and application letter to: by Thursday, 30th April 2026.

Please indicate the job title and reference number (NBIL/04/2026) in the email subject line.

Applications received after the deadline will not be considered.

Only shortlisted candidates will be contacted for the next stage(s) of the process.